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2308 Kendall Ave,  Madison,  WI  53726 $595,000 Sold
2308 Kendall Ave,  Madison,  WI  53726
$595,000
Sold
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 Property Type Multi Family
 Parcel # 0709-211-0708-7
 County Dane
 Sub Area W14
 Municipality Madison
 MLS# 1940161
 Listing Date 07/26/2022
 Sold Price $595,000
 Close Date 09/20/2022 12:00 AM

MLS Public Remarks  This rental property is located in the highly sought after west campus area in University Heights. Just blocks from the VA Hospital, UW Hospital, UW Vet School, Camp Randall and more. Rentals are always occupied. Back parking lot with 4 spaces provides additional $310/month income. Metal roof installed 2014. New water heaters and dryer. Very good condition, excellent income investment.
Documents and Related Links  
1) RECR
2) Addendum S
3) Cash Flow and Rent Rolls
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  University Ave., South On Walnut, West On Kendall
    • BUILDING INFO  
  • Number of Units  3
  • Year Built  1925
  • # Furnaces  1
  • Heating Type  Steam
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  1
  • # Stoves  3
  • # Refrigerators  3
  • # Dish Washers  3
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  0
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  1
  • Number of 2 Bedrooms  2
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  26000
  • Net Operating Inc  23000
  • Year  2021
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  West
  • Middle  Hamilton
  • Elementary  Franklin/Randall
  • Land Assessment  $97,800
  • Improvements  $424,900
  • Total Assessment  $522,700
  • Net Taxes  $10,130
  • Assessment Year  2022
  • Tax Year  2021
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  TR-C4
  • Subdivision  University Heights
  • Name of Lake/River  
  • Est. Total Acres  0.16
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Den/office, Dining room, Dishwasher, Individual heat control, Range/oven, Refrigerator, Shared Basement, Wood or sim. wood floor
  • Unit 2  Den/office, Dining room, Dishwasher, Individual heat control, Range/oven, Refrigerator, Shared Basement, Wood or sim. wood floor
  • Unit 3  Den/office, Dishwasher, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator, Shared Basement, Wood or sim. wood floor
  • Unit 4  
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 2 1 0 08/14/2022 $1395 1,238 1 Space No No Yes
    2 2 1 0 08/14/2022 $1395 1,238 1 Space No No Yes
    3 1 1 0 08/14/2022 $925 789 1 Space No No Yes
    4 0 0 0 - $0 0 - - - -
    Items Included Refrigerators, stoves/ovens, dishwashers, coin-op washer & dryer
    Items Excluded  Tenants' personal property, including window AC units
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Poured Concrete Foundation
    • EXTERIOR FEATURES  
  • Type   3 story
  • Parking per Unit  Outside
  • Barrier-free Features  
  • Exterior  Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  
  • Miscellaneous  Close to bus line, Shared laundry, Water Softener Owned



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Custom Real Estate Llc